The Center is back in Hong Kong hands as mainland firm pulls out of buying world\u2019s costliest tower<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"
Two Hong Kong-based tycoons have emerged to replace a mainland Chinese shareholder in the consortium...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-81209","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-l7P","jetpack-related-posts":[{"id":118985,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/worlds-costliest-office-market-shows-first-signs-of-weakness-as-hong-kong-withdraws-biggest-commercial-site-this-year-developer-cuts-rent-at-kai-tak-tower-by-20-per-cent\/","url_meta":{"origin":81209,"position":0},"title":"World\u2019s costliest office market shows first signs of weakness, as Hong Kong withdraws biggest commercial site this year, developer cuts rent at Kai Tak tower by 20 per cent","date":"October 21, 2020","format":false,"excerpt":"\r In the first signs of a slowdown in Hong Kong\u2019s office property market, the government withdrew this year\u2019s largest commercial site from tender, while Nan Fung Development lowered the asking rent for a grade A office tower under construction at Kai Tak by up to 20 per cent.Bids for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104153,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-regulator-begins-an-unusual-savings-plan-to-raise-hk1-billion-to-afford-owning-an-office-in-the-worlds-costliest-city\/","url_meta":{"origin":81209,"position":1},"title":"Hong Kong regulator begins an unusual savings plan to raise HK$1 billion to afford owning an office in the world\u2019s costliest city","date":"February 19, 2019","format":false,"excerpt":"\r Hong Kong\u2019s securities regulator has revealed an unusual savings plan, aiming to raise up to HK$8 billion (US$1.02 billion) over eight years to afford owning its own office in the world\u2019s most expensive city.The watchdog, which will relocate its premises to Swire Properties\u2019 One Island East tower in Quarry\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111786,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-hong-kong-protests-hit-business-landlords-offer-hk1-rents-in-citys-most-expensive-office-towers\/","url_meta":{"origin":81209,"position":2},"title":"As Hong Kong protests hit business, landlords offer HK$1 rents in city\u2019s most expensive office towers","date":"October 22, 2019","format":false,"excerpt":"\r Some landlords are getting desperate in attracting tenants to their offices in Hong Kong, as more than four months of civic unrest have deterred many companies \u2013 especially mainland Chinese tenants more willing to pay top dollar for marquee addresses \u2013 from expanding their businesses in the world\u2019s costliest\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":89943,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/price-list-of-the-worlds-costliest-tower-starts-doing-the-rounds-as-new-owners-look-for-buyers\/","url_meta":{"origin":81209,"position":3},"title":"Price list of the world\u2019s costliest tower starts doing the rounds as new owners look for buyers","date":"May 30, 2018","format":false,"excerpt":"\r A price list of 48 floors of The Center, the world\u2019s costliest tower bought by a consortium of investors from Hong Kong, is being circulated to gauge market sentiment for a possible resale, hardly a month since the record HK$40.2 billion (US$5.2 billion) deal was completed. In early May,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":79005,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/priced-out-of-the-worlds-costliest-city-hong-kong-buyers-make-a-beeline-for-taiwan-property\/","url_meta":{"origin":81209,"position":4},"title":"Priced out of the world\u2019s costliest city, Hong Kong buyers make a beeline for Taiwan property","date":"February 6, 2018","format":false,"excerpt":"\r The appeal of holiday and retirement property in Taiwan is beginning to grow on Hongkongers, who see the island\u2019s alternative lifestyle and cheaper home prices as a major draw. Prices of flats that are only about a third of those in Hong Kong are among the main reasons capital\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116243,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/landlords-in-central-hong-kong-slash-rents-by-more-than-a-third-as-vacancy-climbs-to-six-year-high-amid-economy-crushed-by-coronavirus\/","url_meta":{"origin":81209,"position":5},"title":"Landlords in Central, Hong Kong slash rents by more than a third as vacancy climbs to six-year high amid economy crushed by coronavirus","date":"May 12, 2020","format":false,"excerpt":"\r Hong Kong\u2019s major landlords of premium office space in Central are cutting rents by more than a third \u2013 returning them to 2017 levels \u2013 as the sharp economic contraction caused by the coronavirus forces corporate tenants either to downsize or move somewhere cheaper.The vacancy rate in Central, the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/81209"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=81209"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/81209\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=81209"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=81209"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=81209"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}